RAKBANK picks Postilion for payments

UAE’s National Bank of Ras Al-Khaimah (RAKBANK) has selected payment software specialist to implement systems for its ATM network

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By  Imthishan Giado Published  May 12, 2009

The UAE’s National Bank of Ras Al-Khaimah (RAKBANK) has selected payment software specialist to implement systems for its ATM network.

The new platforms are expected to improve the speed of deployments and allow better management of existing assets.

The Postilion system will eventually replace the current system at RAKBANK, with new facilities including real-time monitoring of events and a top down overview of the ATM network. The bank also claims that the system allows better compliance with payment industry regulations.

“More and more banks and processors in the Middle East are relying on Postilion as we provide regional specialisation and support coupled with international expertise and world-class payments software. We look forward to supporting RAKBANK in their drive for exceptional customer service and operational excellence,” said Francois van Schoor, president of Postilion Payments.

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